1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AfilCa [17]
4 years ago
7

Why does some inflation help people who owe debt?

Social Studies
1 answer:
mrs_skeptik [129]4 years ago
3 0

Answer: A. dollars are worth less and easier to pay

If someone borrows money before inflation kicks in, then the debt would be easier to pay back because the person would earn more (due to higher wages) and be able to pay off the debt faster. This is of course assuming the person pays off the debt as quickly as possible, and does not get distracted with other purchases.

In general, inflation eats at the purchasing power of money. The more money there is in circulation, the less a dollar can purchase. So this is why the value of the dollar goes down.

You might be interested in
Slogans to discourage the dowry system​
Brilliant_brown [7]

Answer:

Do not be greedy, stop DOWRY! Don't degrade yourself by demanding dowry. Don't search for a shareholder,select a life-partner. Don't sell yourself, have self confidence.

Explanation:

7 0
3 years ago
How was the United States involved in the Middle East during the Cold War?
son4ous [18]

Answer:

The United States supported Israel.

Explanation:

I'm aware you posted the answer in your question but I thought i'd post this so other people see that this is answered.

6 0
4 years ago
Read 2 more answers
Which two Native American civilization are known as the mound builders
Olegator [25]
From illionis the <span>Cahokia were known to build mounds across illinois to michigan to ohio region </span>
8 0
4 years ago
Need help please. Which of the following statements are true?
Kitty [74]

Answer:

C

Explanation:

The earth rotate on its axis and revolves around the sun

8 0
3 years ago
Read 2 more answers
If you become the minister of government of Nepal, how would you mention your responsibility?can you please help me​
xxMikexx [17]

Answer:

If I was the minister of government of Nepal then:

1. I would try to focus on education sector than the other.

2. I would make the transportation facility good all over the country.

3. As our country is dependent on other countries for its necessities ( India, China, etc )

I would make people aware and help the people of Nepal to be independent.

In this way you can write more by yourself. I am in middle school so I don't know many things. If It didn't help I am sry But I tried

4 0
3 years ago
Other questions:
  • Chief McIntosh was killed by ____ who felt he was a traitor.
    5·2 answers
  • ¿Por qué en esta cuarentena de la responsabilidad individual depende el bienestar colectivo?
    9·2 answers
  • John is studying christian theology at a fundamentalist protestant seminary in ohio. what approach is he most likely to take whe
    6·1 answer
  • What country lies between Croatia and Serbia
    7·1 answer
  • In what percentage of rapes and attempted rapes on college campuses does the woman know her attacker? 5-10 percent 25-30 percent
    9·1 answer
  • What method of research focuses on the patterns of traits that characterize whole persons
    10·1 answer
  • "He only helped because he wanted to impress susan”
    8·2 answers
  • How did the natural environment influence diet in hunter-gatherer societies? Choose four answers,
    5·2 answers
  • What was science's role in the Industrial Revolution?
    14·1 answer
  • A(n) __________ works like a burglar alarm in that it detects a violation (some system activities analogous to an opened or brok
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!